Glassnode: Bitcoin earnings pressure ratio rose to 0.23, highest level since September last year
According to online reports, according to Glassnode data, the Bitcoin profitability stress ratio has currently reached 0.23, the highest level since September last year. This indicator is used to measure the relative size of supply at a loss and reflect market pressure. Glassnode pointed out that historically, levels above 0.2 for this indicator often mark a period of increased market pressure. If this value continues to rise, it may signal further increased market pressure, potentially reinforcing a shift in broader market sentiment.
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